Topic: Why choose LONG-TERM TRADING? - page 9. (Read 8524 times)
In long term trading you will have to wait for a long period of time but in waiting for a long period of time you will earn big but it is too risky in trading long term because in trading long term you have to set the sell price and wait for there is someone who buy your coin. It can take a months but you can earn big.
The long term investor will always be in profit. As an option it can still be an experienced player trader. Who, thanks to his experience can also make a considerable profit.
For me people should choose long term trading over than short term trading because many people are becaming rich by doing long term trading and as a investor i like to hold my coin for long term because it is not hard to do because the only thing needs in long term is having a long patience. 
I'd not write here about believer fantasies etc. The real truth is that is just "easy". It is really easy for people to hold, it requires minimum action and you should only believe that coins will grow in future, nothing more. Short-term trading is a lot more requiring thing.
I have a regular day job and also have a busy schedule. I do not have all the time in the world for cryptocurrencies, hence, that was why I chose long term investing. This actually is a better strategy for me as it makes me more money in the long run with no much pressures of the market as am not constantly checking the market
Thank you. I think that the goal is to become a "balanced trader" and to be able to trade on any time frames. If someone interested in short-term trading and making a profit every day - check CrypScan service, its a very useful tool https://crypscan.com
I'm also supporting long term trading and investment for a newbie. Because it will become more profitable for you.But short time trade is better for a experience traders or investor.
I do not have too much knowledge about the trade so I choose the form of long-term investment to invest in this market. The main thing that I do before every investment is to spend a lot of time researching good projects for a few months. Long-term investment also helps me get more profit than short-term trading.
I do not necessarily choose long term because there are times when the market keeps rising, so I would hold and sell pennies in a short time, so that would be profitable, however if we hold long Opportunity will pass
If you know the crypto currency market and how it functions, you know how to conduct technical and fundamental analysis of coins, then you can speculate.
For me, I once bought some crypto which were very low in price and I thought holding it for long will produce a long term gain but right now it even losing value. Please, how do I research to know which coin to keep for long term?
I believe you should not invest long term, you can see that the market is continuously dropping dramatically, bitcoin and altcoin prices are constantly decreasing so if you invest long term you will damage very heavily If bitcoin prices continue to fall deeply. Bitcoin prices continue to fall sharply because of the current market capitalization of only $ 200 billion and continues to decline.
For long term you can choose to sell your pennies at reasonable prices, better for you if you patiently wait and hold them for long periods of time. In my opinion, that is the decisive factor for success in the cryptographic market
You can split your financial portfolio. Part of the money to invest for a long time, and with the help of another part to trade for a short time. As experienced traders say: Bad speculation is a good investment for a long time.
For me, I once bought some crypto which were very low in price and I thought holding it for long will produce a long term gain but right now it even losing value. Please, how do I research to know which coin to keep for long term?
You need to grasp the trend of the kind of coin that is trending development. In my opinion, the Etherum Classic (ETC), XLM (Stellar), TRON (TRX) is the trend this year, you can see its price on the chart has no ups and downs not allowed. You can take advantage of the opportunity to invest.
maybe because in terms of time is more effective and income is also more organized
For me, I once bought some crypto which were very low in price and I thought holding it for long will produce a long term gain but right now it even losing value. Please, how do I research to know which coin to keep for long term?
If the type of coin you choose is low and they can increase, then we should choose long-term trading, long-term trading will give us the value of profit but we should be patient.
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
Long-term trading is good for those who:
- want to invest
- has a job that requires at least 8 hours a day
- want to earn extra income
- non professional traders or beginners
But of course you will have to consider these things before investing:
- invest money that does not limit your ability to meet other financial needs
- should be willing to lose some
- higher investment, more risky and higher potential of loses and/or rewards
These are the benefits of long-term trading according Anne Chapman (2015):
- You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
- You have more time to plan and study the charts for analysis of trend
- You only need to employ simple techniques.
First, identify major areas of support/resistance (does a trend have room to develop?
Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)
Finally, look for a logical and high probability point of entry and manage the trade
- You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
- You only have to work less. Check your coin in a month or weekly basis, etc
Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
Long-term trading is good for those who:
- want to invest
- has a job that requires at least 8 hours a day
- want to earn extra income
- non professional traders or beginners
But of course you will have to consider these things before investing:
- invest money that does not limit your ability to meet other financial needs
- should be willing to lose some
- higher investment, more risky and higher potential of loses and/or rewards
These are the benefits of long-term trading according Anne Chapman (2015):
- You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
- You have more time to plan and study the charts for analysis of trend
- You only need to employ simple techniques.
First, identify major areas of support/resistance (does a trend have room to develop?
Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)
Finally, look for a logical and high probability point of entry and manage the trade
- You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
- You only have to work less. Check your coin in a month or weekly basis, etc
Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
I trade long term because I am in it for the tech, that may sound corny but I feel blockchain is the future, now do i feel most cryptos will survive, No I don't, Most will fail, so I research in-depth to ensure I happy with the projects I choose
maybe you are right, but there are so many blockchain projects here, in my opinion it is better to trade short now because I see the value of btc going up and down in the same price range, so it will give us a lot of profit...
I trade long term because I am in it for the tech, that may sound corny but I feel blockchain is the future, now do i feel most cryptos will survive, No I don't, Most will fail, so I research in-depth to ensure I happy with the projects I choose
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